#BinanceHODLerSAHARA Explanation of the NEWT Currency Project
What is the NEWT Currency?
The NEWT currency is not just a new digital token added to the long list of cryptocurrencies that appear daily in the markets, but it is the cornerstone of the Newton Protocol project, an ambitious initiative that seeks to redefine the concept of automation in the world of decentralized finance. NEWT is the native token that powers the Newton system, and it is used to pay network fees, incentivize operators, participate in governance, and ensure the sustainability of the entire ecosystem.
What distinguishes NEWT from other cryptocurrencies is that it is not an end in itself, but a means to support an advanced infrastructure that aims to build a safer and more transparent digital economy, where users can delegate tasks to automated agents that operate according to encrypted rules, and prove at every step that they are executing the tasks exactly as requested by the user, without exceeding, error, or the need for blind trust.
The Origin of the Project and Its Founders
Behind the Newton Protocol project are innovative minds with a proven track record in developing advanced technical solutions. The parent company, Magic, was founded by engineers from the University of Waterloo, Sean Lee and Jimin Jin, who combined academic and practical experience at global tech companies like Docker and Uber.
The team leading the project today includes prominent talents from companies such as Coinbase, OpenSea, Meta, and Apple, reflecting the strength of the competencies working to achieve this ambitious vision.
Since its establishment in 2018